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added: 05-07-2008

Nearly six out of 10 US teens surveyed have made a purchase online, according to a June 2008 study conducted by OTX and The Intelligence Group. Responding online buying teens said they spent an average of $46 every month, and more than one-quarter spent $50 or more.

Spherion Survey Shows Decrease in Overall Employee Confidence

added: 04-07-2008

The Spherion(R) Employee Confidence Index dropped 0.8 points to 46.1 in June, showing a record-low level in 2008. The survey, conducted by Harris Interactive(R) on behalf of Spherion Corporation, reveals no movement in macroeconomic confidence with only 12 percent of workers saying they believe there are more jobs available and seven percent reporting the economy is getting stronger.

US Employment Situation in June 2008

added: 03-07-2008

Nonfarm payroll employment continued to trend down in June (-62,000), while the unemployment rate held at 5.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Employment continued to fall in construction, manufacturing, and employment services, while health care and mining added jobs. Average hourly earnings rose by 6 cents, or 0.3 percent, over the month.

Drumbeat Of Bad News Continues To Drive Consumer Sentiment Down

added: 03-07-2008

Soaring gas and food prices and a stock market that just endured its worst June performance since the Great Depression are draining consumers' wallets as well as their confidence, according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index.

Bankrate: Mortgage Rates Retreat on Economic Worries

added: 03-07-2008

Mortgage rates were lower across the board, with the average conforming 30-year fixed mortgage rate falling to 6.53 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.4 discount and origination points.

CEO Confidence Continues to Plunge

added: 03-07-2008

Amidst a 10 percent decline in the Dow Jones Industrial Average over the last month, the Chief Executive magazine CEO Index plunged 11.80 percent, or 11.3 points, to 84.5 points (the Index started at 100 points in October 2002) this month, according to its monthly polling of C-suite executives. The leading economic indicator has lingered around its historical lows throughout the last quarter.

American Car Sales Fell

added: 02-07-2008

As expected American car sales fell sharply in June: not as much as forecast, but enough to again cause real damage to the market leaders, which this time included significant losses for Toyota for a combination of reasons.

Risk Index Indicates Risk Intensifying in Areas With Previous Rapid Home Price Growth

added: 02-07-2008

PMI Mortgage Insurance Co. released its Summer 2008 U.S. Market Risk Index(SM), which ranks the nation's 50 largest metropolitan statistical areas (MSAs) according to the likelihood that home prices will be lower in two years.

Monster Employment Index Dips Slightly in June 2008

added: 02-07-2008

The Monster Employment Index edged down three points in June, as U.S. online recruitment activity eased slightly following the typically elevated early-springtime hiring period.

U.S. VC-Backed Companies See Exit Drought in 2Q08

added: 02-07-2008

With the broader economy sputtering, venture capital firms are finding it increasingly difficult to generate returns through the sale or public listing of portfolio companies. In the second quarter of 2008 there were no initial public offerings (IPOs) of U.S. venture-backed companies. Moreover, liquidity generated via mergers and acquisitions (M&As) fell to $4.7 billion with just 56 transactions completed, according to the Quarterly U.S. Liquidity Report released by Dow Jones VentureSource.

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